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Agriculture > products
grain, fruits, vegetables, pulses, qat (mildly narcotic shrub), coffee, cotton; dairy products, livestock (sheep, goats, cattle, camels), poultry; fish |
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Aid as % of GDP
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3.1% |
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[59th of 129]
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Debt > External
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$6,044,000,000.00 |
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[89th of 136]
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Distribution of family income > Gini index
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33.4 |
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[27th of 43]
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Economic freedom
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1.35 |
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[134th of 156]
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Economy > Overview
Yemen, one of the poorest countries in the Arab world, reported average annual growth in the range of 3-4% from 2000 through 2007. Its economic fortunes depend mostly on declining oil resources, but the country is trying to diversify its earnings. In 2006 Yemen began an economic reform program designed to bolster non-oil sectors of the economy and foreign investment. As a result of the program, international donors pledged about $5 billion for development projects. In addition, Yemen has made some progress on reforms over the last year that will likely encourage foreign investment. Oil revenues probably increased in 2007 as a result of higher prices. |
Exchange rates
Yemeni rials per US dollar - 184.78 (2004), 183.45 (2003), 175.63 (2002), 168.67 (2001), 161.72 (2000) |
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Exports
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$7,311,000,000.00 |
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[89th of 189]
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GDP
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$19,056,700,000.00 |
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[79th of 203]
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GDP > PPP
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$17,554,000,000.00 |
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[104th of 163]
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GDP > Real growth rate
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2.8% |
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[153rd of 198]
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GDP growth > annual %
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2.56 annual %
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[133rd of 187]
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GINI index
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33.44
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[27th of 40]
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Human Development Index
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0.489 |
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[152nd of 178]
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Income distribution > Poorest 10%
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3% |
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[35th of 114]
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Income distribution > Richest 10%
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25.9% |
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[81st of 114]
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Population below poverty line
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45.2% |
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[15th of 46]
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Population under $1 a day
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15.7 |
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[36th of 59]
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Poverty > Share of all poor people
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0.25 % of world's poor |
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[29th of 80]
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Public debt
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33.5 % of GDP |
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[67th of 121]
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... View all Economy stats
SOURCES: CIA World Factbook, 28 July 2005; calculated on the basis of data on ODA from OECD (Organisation for Economic Co-operation and Development), Development Assistance Committee. 2002. DAC Online. Database. Paris.; and data on GDP from World Bank. 2002. World Development Indicators 2002. CD-ROM. Washington, DC; All CIA World Factbooks 18 December 2003 to 18 December 2008; The Heritage Foundation; World Development Indicators database and CIA World Factbook; World Bank. 2005. World Development Indicators 2005.; World Development Indicators database; Human Development Report 2006, United Nations Development Programme; World Bank. 2002. World Development Indicators 2002. CD-ROM. Washington, DC; World Bank 2002b via backone.pdf; Country Responsibilities in Achieving the Millenium Development Goals", April 8 2003, by Janice Poling
ALTERNATIVE NAMES:
Yemen, Republic of Yemen, Al Jumhuriyah al Yamaniyah, Al Yaman, democratic yemen [former]
Related links:
More facts and figures on Yemen
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